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Exro Technologies Inc. T.EXRO

Alternate Symbol(s):  T.EXRO.WT | EXROF

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Comment by Aarman4on Jun 30, 2021 8:47pm
159 Views
Post# 33477982

RE:RE:RE:Mack Garbage Truck

RE:RE:RE:Mack Garbage Truck Consumer Vehicles is a race to the bottom in terms of pricing. I have no doubt that initially it will be a greta income source, but over time the margins with be slimmed considerably.

With mid and heavy duty vehicles, the focus is on performance and reliability, and margins are likely to have both staying power, and size, just in dollars alone.

(Forgive these numbers, they are coming out of my a$$ right now, but just making a point) If you profit $200 from every system installed in a consumer vehicle, but you profit $1,000 from every heavy hauler, then you need only 20% of the sales numbers in order to make the same amount of money for us shareholders.

As soon as somebody else comes along with anything that compares to the coil driver as far as cost vs performance goes(not necessarily tech), then margins are now going to have to be reduced in order to keep revenue. The way that mid and heavy trucks are purchased, makes that less of an issue. Although price always matters, unlike in the consumer car industry, it isn't near as important.

Cheers!

Exronly wrote: Exro is building a facility that can make 100,000 units a year and they call that low volume.  They are 100% geared to proving up the technology for cars. Toyota sells 20,000,0000 hybrids a year and everyone of them can use a coil driver    I don't think Exro is chasing the big truck market as the end goal as the volumes are absolutley minuscule compared to the automotive world.  Their whole focus is geared towards the EV cars  the rest is gravy.  
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